According to India’s government, the microprocessor chips that power all things digital will soon be fully made in India. It’s an ambition as unlikely as it is bold, and speaks volumes about Modi’s belief that he can propel India into the top tier of advanced technology manufacturing.
India aims to become self-reliant in microprocessor chip production, a move that reflects Prime Minister Narendra Modi s ambitions to position the country at the forefront of advanced technology manufacturing. The government is offering significant subsidies to attract companies to set up chip manufacturing facilities in India. However, the country currently lacks the specialized engineers and equipment required for chip fabrication. Despite the challenges, Anil Agarwal, the chair of Vedanta, hopes to start producing chips in India within 2.5 years and has hired experienced chipmaker David Reed to lead the effort.
Whether these plans succeed or fail, they make clear a giant scale of ambition. They also make it clear that India sees a muscular role for the state, with a mixture of tariffs and subsidies to help its national champions off the ground and into global competition
India s government is aiming to make microprocessor chips fully in the country, in a bid to propel India into the top tier of advanced technology manufacturing. The government is offering subsidies of up to 70% of a company s outlay, totaling about $10 billion, to attract private companies to set up chip manufacturing facilities in India. Currently, most cutting-edge logic chips are made in Taiwan, but concerns over China and the increasing importance of chips in technology have prompted India to pursue chip manufacturing.
According to India s government, the microprocessor chips that power all things digital will soon be fully made in India. It s an ambition as unlikely as it is bold, and speaks volumes about Modi s belief that he can propel India into the top tier of advanced technology manufacturing.